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J. To pi~t~ •nd continuoufly ~eep on Ihe bu~'-I~~;gf now ar I~era~t~e~ ~it~~te o~ s~~d I~nd ~nd on ~!I rqu~P•n•n~ a~d p~non~lly cover~d by ~hir ma~~
ps, w~th ~U prsmiv:n~ thc~eon ps.J ~n l~;i, f~re in~,~once ~n '?a utivs( ~t~~xf~~d po'~cy lo~m, In a aum apWwed by ~M MOR~GAGEE, a~~d w~ndetwm
m~uranc~ in IM u~ud ~+and~.d pot.cy fam, in • ~um •pp~u.ad 1:y ~M MORiGAGEE, in sucA comp~nr or comP~^~•s ~t ~M MORTGAGEE m~y
du~cr, ~nd aU fir~ a~~d w~ncl~~o~m mw~~~ce poLc~rs on •~~y o! ~~~d budd~r~s, ~ny im~r~u ~her~in or p~~t t~rrco(, in tM ~py~r9Ne wm ~foreuid w
in •acess ~herwf, sMtl cw+lmn ih~ uwsl sr~~~ds~d ~c,o~~g~pe~ c6.~~~ or wch o~he~ c4us~ a~ 1?+~ Ma~g~Qe~ ~~~y requ,r~. m~?~r+p ~M lois under s~~d poll-
c~s~. e~th and •vNy. payab'e to s~~d ,1110RtGAGEE ~h ~n?ere~~ m~y appear, and e~ch and •very tucA ponc~ ~h~il b~ p~ompuy ps 9ned •nd dNivr•ed ~o
•~y h~ld by u~d MORIGAGEE •1 IurtAer h~~~ity ~O U~d ~natps~e debt, and, no~ fes~ ~han ~en (10) d~y~ in +dwnce o} ~M •xph~~~on ol e~ch poGCy, ~o dr ' ~
Gv.r ~e uid M(f~tC,AGfF a.enew•~ the..ot, ~oqa~h~i w~~h • rece~al lor tAe w~mium of ~uch ren~~v~~; sod ~her• sMll b~ no I~r• or w~nd»o~~~ inwr~nc~
p~K~d on ~ny of s~id build~ngs. ~ny in~ereft ?here~n a part tl~e.eof, unles~ in fF.~ (o~m ~nd with tM losf p~yabl~ ~f •fw~s~id; ~~d m ~M ev~n1 any ~unn
01 mon~y becomes pay~bie uraler s~ch poticy a pot~cia~ i•id IdORTGAGfE ~heH haw ehr op~~on to receive end ~pp~y 1h~ same a+ •ccouM o) tM i~bted~
nesf sKUred her~by or ro pennil faid MORTGAGORS 1o tKe~w and us~ it or any porl Ihereoi lor otixr {,w~oset, v.~~~wvt th.~co~ na~v~~~~ ci nnp+~~•
inq ~~y equ~ty, ~~en w r~ght u~dcr or by virtue o1 this mortp~pe; a~d in ~he even~ sa~d MORTG~.GORS ~Fu~l fw •ny reswn (~i~ Io kc~p ~he ia~d prem~te~ w
~n~ured, a bil ~o delive~ p~omptly ~ny of ~a~d poLcies ol ~nwra~+ce to frd MORiGAGEE, w faJ promutly to p~y ~v~ly eny pre~nwm Merefor a in any .
r~~p~ct f~il ro prfam, d~ich~rge, ~~ecute, el(ect, camplete, compty w~~h and ~bide by this covenant, w~ny pa~1 he~eot, N~d MORTGAGEE m~y pIK~ •na t
paY (w such iMUr~nt~ a~nY Part thercof w~~hou~ waivinq a•1lrairy ~ny op~wn. li~n, equlty. or rtgM unde. a by virtw of ~i~fs Mor~gsye. ~r+d tM
h,tl ~~noum of e~ch and ~re~y ~uch payment shatl be ~mmedi~tely dw and pay~bl~ •nd shall be~. ime~esf from ~hs date thereoi um11 pud ~t ~M ru~ of ~
n~n~ per ceroum pay annum and to~e~her w~~h s~ch ~mr~os~ shal~ be sec~red by th~ Gsn ol ~h~t rnatppe.
1_ io parmi~, coenm~t d ~u(ie~ no was~e. impairmcnt a de/cnor~tion of said D~ope~ty w~ny pait the~eof. !i
S. To p~y •II and sinput~r the cost~, charge~ a~d eapenui, ~ncivdinp a reasonsb!e ~ttwney'• fee and tostt of abstrot~s ot title, incurred o~ pa~d ~1 r.
any lime by sa~d MORIGAGfE, btcauss w in tM •r~nf ol ~he fa;lu~e on tha part of the said MORTGAGOR 1o duly, promptly ~nd fully psrlpm, d~ichar9~•
execute, effec~, complcr~, comply w~th end ~b~de b~ ~ach and every ~he st~pulano~~, ayreemenn, cond~tions, and covenann o( u~d prom+ssory note •nd ~hi~
matga~ any or ei~her, ~nd i+,d costs, chargei •nd e~pense~. escA ~nd evay, sMll t» immed~etely dw ~nd paysble; whe~her w not ~Mre be nonce dr
mand, •ftcmpt to totlecl or fuit pand~ng; and tM lu~l amounl of each and evary s~ch paymeM ~MII bea. inrer~s~ from ths dat~ tMreof until paid af th~
r,~te OF n~ne per centum ya~ ennu:n; a,x! all sa~d cos~s, ch~rge~ and e~pense~ :ncurred w p~~d, IoyNher w~th svth imerest, thall b~ sttu~ed by th~ I~en oi thu
mortp~ye.
6_ T}ut (a) in the event of sny b~each of ~his Mortgaga o~ defaufr on the part of the MORTGAGOR, a(b) in ths event any o1 s~~d ~umf of money
herrin nlerred to be not p~anptty snd Fu11y pa+d w~rh~n th~.ty (30) days nex~ af~e~ ~he iame severo~iy becoox due and p+y~bt~, withou~ dem~nd o~ nonce,
or (c) in ~Ae event esch ~nd every ihe stipulatwns, sgreements, co~ednions and covensmi of sa.d promiswry no~~ and ?h~a mortpp~ any o+ athn an ew~
~uty, promptly and lully pe.formed, d,sclwrged, e~ecusad, effected, compietcd, compl~ed w~~h ~nd ab~ded Sy, th~n in e~ther a any such evtnl ~he w~d ag
greqate wm manuo~ed in said pron,~s~wy note then remaining unpaid, w~th ~~rere;t a<uued, and atl moneys secured hereby, shall become dw and pay~ -
•~ie fo~~hw~th, o~ thereaf~er, it the opt.on o} se~d MORiGAGEE, ai fully and comple~e'.y as if aIl of ~he sa~d sums of money wer~ or~q~nally supu+a~ed
~o be pa~d on such dey, e~ything in sa:d prom~sswy not! o~ in fhis Mortgage ~o the com.ary norw~~hs~and~ng; and thereupw~ w thereshc~ +t the opnon of
~a~d MORTGAGEE, without not~ce o~ demar.d, svit at law a in equ~ty, the~eto~e w thcreaf~er begun, may be prosecuted es if all moneys ucured hereby
hed maturld p~0~ to ~ts inatitutiOn.
7. That in the evenl ~hat at the beginn3ng of o~ at any time pending any fuit upon this Moi~gage, w to /aedose tf, W to retwm i/, or fo enforc~
paymenl ol any tlaims hereunder, seid MORTGAGEE ahatl apply to the Court hav~ng ~vr~sd,d~on thereoi 1w tAe appointm~et o( • Receiver, such Cou~t shall
Forthwi~h appo~nt • receive~ of ss~d mortgaged property •II •nd s~ngule., includ~ng ail and s~~gu~ar the income, prol~rs, itsues a~+d revenues (rom whatqver
wu~cs derivcd, each and every of wh.ch, it be•ng eapressty undentood, is hereby mortgagcd as if speulicaily fN fwth and detcribcd in the yr~ntiny and
hsbend~m d~uus hereof, ~nd such Rece~ver sha11 hsve all the b~wd and effect~ve func~~ons and powers in anywise entrus~ed by • Court to a Recei~er, a~d
t~ch appointmenl shalt be msde by suc~ Cou~t •s an sdmitted equity and a matte~ of sbso~~tr ngh~ to said MORTGAGEE, ~nd withouf rtferente to the
edeqwq a inadeqvxy o1 ~he valve of ~Fu property mor~yaged or to the so~vency or ~I150~vl~1Cy ol sa~d MORiGAGOR w fhe defeRdants, ~nd ~hat such
~enn, profits, inco~ne, issues and revenues sMtl be eppt~ed by such Rcce~ver accwd~ng to tF.e t~en a equity of said MORTGAGEE and the practic~ oi such
Covrt.
B. To duly, promptly and f~lly pe~(orm, d~scharge, e:ecute, efiect, comptete, comply w~th •nd abide by e+ch and every the ~tipulstion~, sg~eements,
co~d~tions and covenanta ~n aa~d prom~ssory rwte and tn~s matgage set lorth.
9. That in ~he event the ownership of the mortgagcd prem~ses, a any part thercof, bccomcs vestcd in a pe~wn other than the MORTGAGOR, tM
M.ORTGAGEE, its successo.s and ass~gns, may, w~thovt nonce to ~he MORiGAOR, deal w~ih such succcssor or successor in inrcr.st wirh ~eference 1o this
rrortgage and fhe debt haeby secured in the sanN manner as wi~h Martgagp without in ~ny way ritiating w diuharqing the Mongagori fiab+lity herr
under or upon the deb~ he.eby secu.cd. No seie of ~he p~em~xs he~eby mortgaged and no fwbeaa~+ce on ~he par~ of ~he MORiGAGEE w its successors
or assg~i and no e~~ens~on of the t~r„e for ~he paymem of ~he deb+ hrreby secured piven by the MORTGAGEE or its successo~s w au~gni, stull opent~
ro roiease, d~scharge, mod~ly ch~nge or aflK~ 1he orig~nal Ii~b~Gty o( Ihe MORTGAGOR herein, eithe~ in wl+ole or in part.
10. tt i~ speu(rcauy agreed th~t t~me ii o~ the essence of this contract ~nd that no w~iver o1 any oblig~tion hereunde? or of tM obtigstion se-
cured htreby shall at •ny time ~hereafter b~ held ~o be • ws~ver of the terms hereof w of the instrument secured herby.
11. In addtion to ~he ~orego ~~3 monfhty paymencs of pr~nc pal and inferesr reqwred by the promiswr~ no~e secvred hereb~, morfgagar covenaMs
ar.d agrees ro pay to nwrtgagee N<<F~ each monthty pJ~~.~tnt an add.uonal sum ess~mated by mwtgagee to be eqwl to 1/12 of the annual cos~ of tF~e tollow-
n~ -
A-All real properr~ taaas ~ened or assPss•_•d ay~~•~st the above dex~i~ed reat estate.
B-Premiu~ns on t~re and wmds!o~m mw~arce as he~e~n rcqu.red to be ca~ried on rhe ~m;,rovememf s~tuete on the sbove described p~errisd.
~ C-Premiums on wth mor~gaqe gvaranfy ir.surar:~e as mortgegee shail (rom t~me to time deem iit to carry on the'loan secured hereby.
Mortgagee sha!i !rpm t~me to f~me norily mortyago~ ~n wnt:r.g of the amoum due and psyable hcre~nder and suth sum shail Iherevpon be due •nd
rayabte on the due da~e of ~he ~exr month?y paymenf and each successive rnonrh thercalte. ur:~il moitgayee shall not~fy mortgagor of a change in such -
~ i~*,ount. Suth sums aha:S be
app:ied by mortgagee toxard ~he payment of ieal property taxeL insursnce prem.ums, a~id mortgage guarooty insurance
~ prem~umt.
IN YlITP1E5S YIHEREOF, the sa~d MORTGA:,OR has hercunto ut his hand snd seal the dey yf~ ytar iirst afw aid.
Sealed and delive~ed in the presence of: r ~
~ fILED AtiU ktC0~0A ~~'k^Y~ ~-~-~~~~t cs~.n
~ _ yxc _ ixc~ _ ST. LUCIE COyM1T fU. f gm@ g N. MSI11A
P.O+"+~~ Pvl?lt~S .t~ tSear
- ~ CLf P.K C+ ;CUIi COURI~ q
~ _ aFCORC v~aiFiEO.~~- M orie R. ~ '
~ V.•'~~ ~ ,
SiATE OF FIORIDA " 5~ ~~'6 s • U ~ i#~
~rw * S ~ c_' ~
couNTV oF St . Luc ie ~ ' ~a: " c aa ' = -
..~:.~,...~5 ~ ~ =
Befwe ma personally appeared J i ~ J ;
Mar~orie R. Manley hii wile, ~o ~ W~~~ k~
o,' w m.~' b.=~
the individwls destribed in ~nd who executed the foregoiny instrutnent, and eckrawledyed befwe me that tMey exetutea I~~~~fM•Ih!'~ r`p~aa
Mariorie R. Manle ~
rherein expressed. And the said - ~ II
«~(e of the ~eid James N. Manlev , upoe~ a sep~ra~e and p'n~t~
exam:n~rion by me ta4en separate and apart from her se~d husband, scknowledged to and befo~e m~ that ~he executed aaid instrurtcMt frwly and volur~
ra~~{y and w~rF~out •ny compulsion, constraint, spp~ehewyon, r fear of w f~wn ker said husband.
~ WITNESS my Mnd and ofiiual ual th~s___ d~y of ~C@fi 2' ' A~D, 19~6
~ ~ /
~
~ Q~_Gte~ ~ .i ltL - . '
~ Notary PubGc in a w ihe St~te of Florida •t lar~
~ My Commission eapires:
Return To:
g First fedenl Savinps 3 loan Auociat~on
~ Of Fort P;e~ce. j~p~~ ~IC. Sttee ~ A~~ ~~~R!
~ Fort P~erce, fbr~da u~ ~o~~ Fjp~N /~ell Id, IYJl
~ ~a 'I~e~ O~osd ta~+~o~ V~~~
~
~ This Instrument Prepared By C8Z'O1 B. Burns
First Federal Savings 3 loan Association
of Fort Pierce , F1oZ'ida. ~
Checked By 17.~-_ 0 R
j~ .r ~ ~ ~
.t,
~